NUH nuheara limited
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Ann: Notification regarding unquoted securities - NUH, page-100

  1. Rokewa
    1,276 Posts.
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    04/08/24
    11:10
    Post #: 75061611

    Looks like litigation underway in Malaysia. You can get more info by doing a web search. Then open the pdf titled 'Salutica Announcement on Nuheara suit'. Whilst the legal process could take months, a claim of approx AUD 2.6m could be the final straw. Through memory Nuheara moved their off shore manufacturing to Malaysia at about that time (2018).

    Announcement Info

    Company NameSALUTICA BERHAD
    Stock NameSALUTE
    Date Announced25 Jun 2024
    CategoryGeneral Announcement for PLC
    Reference NumberGA1-25062024-00011

    Apologies for being the bearer of what appears to be more bad news.

    Rokewa
    NUH Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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